To be established, a high-tech park must fully meet the following specific conditions:
- Comply with approved regional and provincial planning.
- There is a suitable land use scope and an appropriate natural area.
- Located in a favorable location for infrastructure and transportation.
- Ability to connect with high quality research and training facilities.
- Have a feasible plan for mobilizing resources to develop technical infrastructure, social infrastructure as well as human resources and a professional management team.
- Construction of nearby residential areas and public works for experts and workers working in the high-tech park to participate in the high-tech park construction process.
Meets environmental protection requirements as prescribed by law.
- Ensure national defense and security measures.
The Decree lists the following conditions for expanding high - tech parks:
- The expanded area must meet the conditions specified in Article 31 of the Law on High Technology to establish a high-tech park.
- For high-tech agricultural zones, the expansion area must meet the criteria specified in Article 32 of the Law on High Technology to establish a high-tech agricultural zone.
- The occupancy rate of the current high-tech park must be at least 60%.
Ho Chi Minh City is looking for investment in key high-tech projects. The city aims to attract investment capital with a total value of up to 492 million USD into many research, production and service joint ventures in the high-tech field. This includes approximately $190 million allocated to five electronics and semiconductor-focused projects, along with $302 million allocated to an expanded data center initiative. According to a recent announcement by the People's Committee, Saigon Hi-Tech Park, will allocate about 10 hectares of combined space for these proposed projects, more specific information has not yet been disclosed.
Opinion:
Vietnam is quickly emerging as a promising destination for high-tech projects. As the country continues to prioritize technological advancement and industrial transformation to meet the needs of its young workforce and achieve national development goals,
The state has introduced a series of incentive and support measures to encourage investment in high-tech parks and technology enterprises. Priority industries in Vietnam, including high-tech enterprises, enjoy preferential corporate tax cuts, credit incentives and exemption and reduction of land rent and water surface rent